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| Tekijä: | Cui, A.S. Calantone, R.J. Griffith, D.A. |
| Otsikko: | Strategic change and termination of interfirm partnerships |
| Lehti: | Strategic Management Journal
2011 : APR, VOL. 32:4, p. 402-423 |
| Asiasana: | strategy change joint business ventures resources manufacturing industries USA |
| Vapaa asiasana: | partnerships termination evolution |
| Kieli: | eng |
| Tiivistelmä: | Using an evolutionary perspective of the resource-based view, this study aims at understanding how changes in a partner firm's overall strategy may influence the firm's interfirm partnerships (hereafter as: p-ship/s) over time. Changes in a partner firm's overall resource deployment strategy (herein as: r-d-s.) and partnering strategy (as: p-s.) are argued to influence the value and uniqueness of p-ship/s resources. These changes alter the competitive advantage associated with p-ship/s resources, affecting the propensity of p-ship/s termination. Using an event history analysis with 150 joint ventures from 1990 to 2001, p-ship/s termination within a longitudinal dataset is examined. With initial p-ship/s conditions controlled for, the results indicate significant influences of various changes in partner firm's overall r-d-s. and p-s. on the propensity of termination. |
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